I have a fairly large red bump midway up the shaft of my penis on the left side. I noticed it a few days ago, and until today had decreased in size. Now it is about the size of a bb, and hurts when touched. I had a bump similar to this about a month ago, but it went away after the course of a few days. I'm 16, and a virgin. Also for a while it has stung while urinating, but I don't think that is related to the problem.